The US dollar rose to an average of 134.95 Br in the seventh round of the National Bank of Ethiopia’s (NBE) foreign exchange auction held on June 5, 2025. #ExchangeRateUpdate #ForexAuction #BirrDevaluation

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The National Bank of Ethiopia (NBE) is continuing its push to stabilise the foreign exchange market, injecting millions of dollarss into the economy through a series of currency auctions. #ForexAuction #CurrencyStability #DollarSupply

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#ForexAuction The state-owned Commercial Bank of Ethiopia (CBE) secured 40pc of the 60 million dollars at auction but continued to post the lowest buying rates.

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#ForexAuction Central Bank officials held a foreign exchange auction on February 25, 2025, offering 60 million dollars to commercial banks.

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